Timber - Building and Construction
MANUFACTURING BUSINESS FOR SALE*Under Management.... *2017 full Year sales Well Over $5,000,000... *EBTADA 2017 Over $770,000... *Only 5 Days A Week... *Freehold Available To Purchase....With a focus on Residential Building and Retirement Living Developments, this prestigious company manufactures and supplies custom-made products, which are sold to private builders, project homebuilders, retirement village developers and homeowners. The company has concentrated on this market as the profit margins and returns favour the bottom line profits.Since inception in1993, the business has had a strong record of profitability and has established itself as a leader in the field as a well-respected provider with an excellent reputation for its quality products and service. The established customer base contributes to the 80% repeat business and the large volume of "word of mouth" referrals. The business is located in close proximity to a growth hub for residential development, supplying product to the Central Coast, Sydney, Blue Mountains and major NSW country precincts. The 1,600sq metre factory / warehouse / office complex is equipped with all the latest physical assets required to operate the business efficiently. These assets, along with the intellectual property, goodwill and future income stream are all included in the purchase price.The successful purchaser has the option of purchasing the freehold.In 2009 the owner handed over the day-to-day management to the General Manager, who is ably assisted by well-qualified, highly competent experienced and skilled staff. Since this time there has been no effort expended on seeking growth outside normal operations. The owner has been content to earn an excellent return on his investment. As the new owner you have the choice of maintaining the status quo, or managing the business yourself. No specific skills would be required to do this other than general business acumen.A comprehensive Software system is utilised to run the day-to-day operations of the business. Clients submit requirements and quotations are generated. Once accepted, production is scheduled and on completion delivery is out-sourced to sub contractors.The company has $1.2 million of firm orders in hand and a further $200,000 promised. It is highly likely to secure a major contract during 2019/2020 worth approximately $600,000 in sales.The factory can currently generate around $6 million per annum in sales production. Introduction of a night shift would increase the production capacity of the business significantly, if additional capacity were needed for business expansion. The vendor will offer the purchaser appropriate training and a handover of the business. During this time the vendor will fully train the purchaser in the operation of the business, introduce the purchaser to customers, suppliers and staff and ensure that the purchaser is competent in fulfilling the role of owner. The foreseeable future for this business looks bright. With the Residential Building and Retirement Living Developments sector booming, this business can look forward to many future years of prosperity. For full details please contact PHIL LYONS from BCI Business Brokers email@example.com 0419 259 331
0419 259 331 or (612) 9439 3399
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